Rathdrum Real Estate January 2020

Rathdrum January 2020 Market Update

Rathdrum Idaho January 2020 Home Values Update

23 Homes sold in Rathdrum Idaho during the month of January 2020. The volume of home sales for January 2020 is down by 4 homes compared to January 2019 which had 27 home sales. January 2018 had 24 home sales and January 2017 had 31 home sales.

Rathdrum Idaho New Construction

The volume of new construction home sales has decreased by 4 houses and the average sales price has increased by $1 per sqft. for the month of January 2020 compared to January 2019.

7 New construction homes sold in Rathdrum Idaho during the month of January 2020. Three of these home sales will be in the 5-acre category.  

4 New construction homes on city lots sold for an average of $141 per sqft. The average lot size was 0.26 acres. These homes sold for an average of 102% of the listed price.

The high seller of the group sold for an average of $181 per sqft. The low seller of the group sold for an average of $100 per sqft. All of these homes were from the Timber Landings community.

January 2019 had 11 new construction homes sell for an average of $140 per sqft.

10 New construction homes in 2018 selling for an average of $146 per sqft.  7 New construction homes sold in January 2017 for an average of $153 per sqft.  

Rathdrum Idaho New Construction Homes for sale

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Rathdrum Homes on Existing City  Lots Built 2000 or Newer

The volume of home sales in this group has decreased by 3 homes and the average sales price has increased by $19 per sqft. for the month of January 2020 compared to January 2019.

3 Existing homes on city lots that were built in 2000 or newer sold in February 2020 for an average of $184 per sqft. The average time on the market was 72 days. The average lot size was 0.16 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $210 per sqft. and was from the Corbin Crossing South subdivision. The low seller of the group sold for an average of $159 per sqft.

Home sales in this group include houses from the Skyline Meadows and Corbin Crossing communities.

January 2019 had 6 homes sell for an average of $145 per sqft. and the average time on the market was 86 days.

8 homes sold on city lots in 2018.  They sold for an average price per sqft of $124 and were on the market for an average of 88 days.  January 2017 had 9 homes selling for an average price per sqft of $104 with an average of 118 days on the market. 

Rathdrum homes on less than an acre for sale

Rathdrum Homes on Existing City Lots Built Pre-2000

4 Existing homes on city lots that were built prior to 2000 sold in Rathdrum during the month of January 2020. These homes sold for an average of $138 per sqft. and the average time on the market was 85 days.

The average lot size was 0.3 acres. These homes sold for an average of 94% of the listed price. The high seller of the group sold for an average of $163 per sqft. The low seller of the group sold for an average of $109 per sqft.

No 2019 or 2018 home sales to compare to.

Rathdrum homes on less than an acre for sale

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Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

1 Home in the 1-acre category sold in Rathdrum Idaho during the month of January 2020. This home sold for an average of $216 per sqft. and the average time on the market was 28 days.

The average size of the lot was 2.5 acres. This home sold for an average of 96% of the listed price.

No 2019 Sales to compare.

One 2018 property that was on 3 acres selling for an average of $197 per sqft and 2 homes in 2017 selling for $124 per sqft on average.  

Rathdrum Homes on 5 Acre Lots

7 Homes in the 5-acre category sold in Rathdrum Idaho during the month of January 2020.   The volume of existing-home sales has remained the same and the average sales price has increased by $152 per sqft. for the month of January 2020 compared to January 2019.

New Construction

3 New construction homes sold for an average of $273 per sqft. The average lot size was 5.2 acres. These homes sold for an average of 102% of the listed price.

The high seller of the group sold for an average of $319 per sqft. and was from the Boekel Estates subdivision. The low seller of the group sold for an average of $223 per sqft. and was from the Lone Mountain Estates subdivision.  

Existing Homes

4 Existing homes in the 5-acre category sold for an average of $237 per sqft. and the average time on the market was 165 days. The average lot size was 4.9 acres.

These homes sold for an average of 90% of the listed price. The high seller of the group sold for an average of $272 per sqft. and was from the Elkhorn Ranch subdivision. The low seller of the group sold for an average of $186 per sqft. 

Home sales in this group include homes from the Elkhorn Ranch and Bar Circle S Ranch communities.

January 2019 had 4 existing homes sell for an average of $185 per sqft. and the average time on the market was 86 days.

Rathdrum Homes on 10 Acres

2 Homes in the 10-acre category sold in Rathdrum Idaho during January 2020 for an average of $220 per sqft. The average time on the market was 68 days. The average lot size was 10 acres.

These homes sold for an average of 95% of the listed price. The high seller of the group sold for an average of $278 per sqft. The low seller of the group sold for an average of $163 per sqft.

No 2019 or 2018 home sales to compare to.

Rathdrum Waterfront Homes

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

The volume of Golden Spike home sales has decreased by three homes and the average sales price has decreased by $3 per sqft. during January 2020 compared to January 2019.

1 Golden Spike home sold in Rathdrum Idaho during January 2020. This home was a manufactured home on a leased lot that sold for an average of $148 per sqft. and the average time on the market was 120 days. This home sold for an average of 88% of the listed price.

January 2019 had 4 Golden Spike homes sell for an average of $151 per sqft. and the average time on the market was 83 days.

Rathdrum Condos

The volume of condo sales in Rathdrum has declined by one condo and the average sales price has increased by $38 per sqft. during January 2020 compared to January 2019.

1 Condo sold in Rathdrum Idaho during January 2020 for an average of $160 per sqft. and the average time on the market was 29 days.

The average lot size was 0.11 acres. This home sold for an average of 102% of the listed price and was from the Twin Lakes Village community.

January 2019 had 2 condos sell for an average of $122 per sqft. and the average time on the market was 113 days.

January 2018 had 2 condos sell for an average of $89 per sqft. and the average time on the market was 292 days. January 2017 had 1 condo sell for an average of $100 per sqft. and the average time on the market was 28 days.

Rathdrum Condos for sale

Rathdrum Manufactured Homes on Leased Land

January 2020 had one manufactured home on a leased lot sell. This home will be in the Golden Spike section.

No 2019 home sales to compare to.

2018 had 1 manufactured home selling for an average of $31 per sqft.  2017 had 1 Manufactured home selling for an average of $31 per sqft as well.

Rathdrum Under 100K for sale

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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